230 NE 21st StreetBoca RatonFL33431
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Boca Raton at 230 NE 21st Street, Boca Raton, FL, 33431 listed at $522,500 pairs $4,902/mo rent with a $2,557/mo payment to leave $1,403/mo cash flow. Total monthly income runs $4,902/mo, and annual cash flow reaches $16,838/yr on $171,903 cash to close. Return on cash invested measures 29.86% in year one, and rental yield registers 11.26% at a $522,500 basis. Equity gained on principal adds $3,372/yr, and annual property appreciation at 5% supports $144,357 by year five. Five-year ROI tracks 156.84% and total cumulative return in cash totals $269,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,902/mo property income relative to a $2,557/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
7,597 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33431, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,292 (100%) |
| Owner Occupied HU | 5,086 (61.3%) |
| Renter Occupied HU | 1,853 (22.3%) |
| Vacant Housing Units | 1,353 (16.3%) |
| Median Home Value | $697,749 |
| Average Home Value | $811,277 |
Housing Distribution
Address Breakdown
Residential
8,646
Single Family
5,148
Multi-Family
3,498
Businesses
2,537
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Listed by: Sean Walter Reardon • London Foster Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11090074
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.